Author: Our Reporter

Akwa Ibom Commissioner for Housing and Town Planning is alleged to have embezzled N4 billion in a N37 billion contract awarded for the design and building of Government House, Uyo constructed by Julius Berger Nigeria PLC StraightNews has learnt. The commissioner, Arc. Ime Okon Ekpo, who retired as a director in the state civil service in 2004 but was appointed in 2008 as a Project Manager by ex-Governor Godswill Akpabio to oversee the project, is being accused of defrauding five consultants of more than N4 billion in the construction of phases 1, 11 and 111 of the project. In a…

The Management of Nigeria’s oil and gas logistics giant and port concessionaire, Intels Nigeria Limited (INL) has threatened legal action against the Managing Director of the Oil and Gas Export Free Zone Authority (OGFZA), Umana Okon Umana, over “false and malicious allegations” against the company. The Oil and Gas Free Zones Authority (OGFZA) had ordered a comprehensive compliance audit of Intels Nigeria Limited’s operations in the last 10 years. The authority has appointed a team of auditors to examine the books of Intels’ books. In a 7-page letter to OGFZA boss, the company said the allegations are injurious to its…

Mobil Producing Nigeria Unlimited has reached commercial terms to transfer the ownership of Qua Iboe Power Plant (QIPP) to BLACK RHINO, a wholly owned subsidiary of Black Stone Group and DANGOTE GROUP. Alhaji Mohammed Sanusi II, Emir of Kano is the Chairman of BLACK RHINO GROUP, while Alhaji Aliko Dangote is the Chairman of DANGOTE GROUP. Under the terms, Black Rhino and Dangote Group would take over the ownership of the plant and finance the gas-fired power plant, the 58km off-shore pipeline and platform modification needed to supply gas to the power plant, while MPNU would be responsible for the supply…

The people of Umuokiri Nvosi community in Isiala Ngwa South council area of Abia State could not behold the gory sight of a couple murdered by their teenage son. The victims: Jonah and Gold Amanze, aged between 70 and 80, were said to had gone to bed Saturday night, when their son machete them to death Saturday last week. A resident of the community told Vanguard that the mentally ill teenager had been threatening people in the community. Two weeks ago, he allegedly inflicted machete cuts on a passer-by who almost bled to death before being taken to a clinic…

In what looked bizarre, passers-by in Ogba area of Lagos were shocked seeing two dead bodies in a car parked in a lonely spot. Though nobody could explain what caused the death of the two adults-male and female, eye witnesses described them as lovers who were reportedly drove to an area behind the Nigeria Institute of Journalism (NIJ) for sex. One of the eye witnesses alleged that the lady was a married woman with children, while the man was her lover, observing that they might probably have engaged in sex romp before the tragedy struck. “By the time passers-by saw…

The governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has enjoined investors to invest in the country, saying returns on investment in all sectors of the economy were among the best in the world. Addressing an elite gathering of capital and money market players, investment bankers, treasurers and other fund managers at the London Stock Exchange over the weekend, Emefiele submitted that “Nigeria is ready for business” At a forum organised by the London Stock Exchange in collaboration with the Nigerian Stock Exchange, Emefiele,  who drew intermittent applause from the gathering told the story of how Nigeria…

Nigeria’s excess crude oil revenue has risen to N11.1 billion ($36.6m) daily while the price of crude oil has hit $60.44 per barrel in the international market. The nation’s N7.4 trillion in the 2017 budget was based on $44.50 per barrel reference price and oil production of 2.3 million barrels per day. But the price hit $60.44 per barrel Saturday as a result of compliance with the Organisation of Petroleum Exporting Countries (OPEC) oil cut, thus enabling the nation to generate $36.6 million from the export of 2.3 million bpd to the global market. This amounts to N11.1 billion at…

Operatives of Enugu State Police Command have nabbed two notorious robbery suspects at a hotel located around New Haven axis of Enugu metropolis. Mr. Ebere Amaraizu, Police Public Relations Officer, PPRO, said in a statement issued to pressmen in Enugu that the suspects were arrested on Oct. 24 in the early hours of the morning. Amaraizu said the feat was achieved by police operatives acting swiftly on intelligence information received through the command’s distress call numbers by public-spirited individuals. He noted that it was gathered that the suspects had allegedly operated in the late night of Oct. 23 at Abakpa…

More than 50 persons suspected criminals in Akwa Ibom State have been arrested by the Army since it launched ‘Operation Crocodile Smile 11’ three weeks ago. Brig-Gen. Abdul Ibrahim Hassan, Commander, 2 Brigade, last weekend told journalists in Itu Local Government Area during the distribution of free exercise books and other educational materials to more than 670 pupils at Primary School, Mbak Atai. Hassan said those arrested were kidnappers, robbers, cultists and oil vandals, among others, while the army recovered dangerous weapons from the hoodlums. He maintained that the army had handed over the hoodlums to the police, DSS and…

A 2016 Nigerian graduate of history from the University of Ibadan has become an academic phenomenon in the University after garnering 6.6 Cumulative Grade Point Average out of 7.0. The genius identified as Ozibo Ekele graduated from the Ibadan School of History, faculty of arts.  NAIJ.com gathered that the University of Ibadan’s department of history has not been able to produce a first-class student since 1948 until Ekele, the young genius broke the record with outstanding results in all his courses. With his achievement, Ekele, the first student to graduate with first class honours from the department of history in…